9103 Buchanan Bend Court
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Apr 23, 2023 | Listed by RE/MAX Universal | $499,000 | |
| Listed by RE/MAX Universal | |||
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Towne Lake Heritage - 55 + better for active adults! Fantastic floor plan offering three spacious bedrooms, study with French doors, large open area with kitchen, breakfast room and family rooms; two full sized bathrooms and one-half bathroom; garage is three tandem spaces; backyard with covered patio, extended patio, beautifully landscaped. Oversized lot! Wood shutters on windows, Hardwood flooring, Huge walk in pantry, custom built-ins in large primary closet (and two custom dressers), pantry and garage! The Lodge community center is the crown jewel of the Heritage and is abuzz with activity from sun-up well into the night. Complete with a lap pool and spa, fitness center, billiard room, arts & crafts room, library, and ballroom, the Heritage Lodge is where neighbors become friends. From dancing events to travel outings, an onsite lifestyle director is dedicated to creating fun events that build relationships.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017